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TwitterIn 2024, one troy ounce of gold had an annual average price of ******** U.S. dollars. Gold pricing determinants Gold is a metal that is considered malleable, ductile, and is known for its bright lustrous yellow color. This transition metal is highly valued as a precious metal for its use in coins, jewelry, and in investments. Gold was also once used as a standard for monetary policies between different countries. The price of gold is determined by daily fixings where participants agree to buy or sell at a set price or to maintain the price through supply and demand control. For gold, companies like Barclays Capital, Scotia-Mocatta, Sociétè Générale, HSBC, and Deutsche Bank are members in gold fixing at the London Bullion Market Association.
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Gold Prices - Historical chart and current data through 2025.
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Dataset of historical annual gold prices from 1970 to 2024, including significant events and acts that impacted gold prices.
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Georgia: Gold production in kilograms: The latest value from 2023 is 5035 kilograms, an increase from 4908 kilograms in 2022. In comparison, the world average is 35695 kilograms, based on data from 91 countries. Historically, the average for Georgia from 2001 to 2023 is 2883 kilograms. The minimum value, 1900 kilograms, was reached in 2012 while the maximum of 5401 kilograms was recorded in 2020.
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TwitterIn 2024, one troy ounce of gold had an annual average price of ******** U.S. dollars. Gold pricing determinants Gold is a metal that is considered malleable, ductile, and is known for its bright lustrous yellow color. This transition metal is highly valued as a precious metal for its use in coins, jewelry, and in investments. Gold was also once used as a standard for monetary policies between different countries. The price of gold is determined by daily fixings where participants agree to buy or sell at a set price or to maintain the price through supply and demand control. For gold, companies like Barclays Capital, Scotia-Mocatta, Sociétè Générale, HSBC, and Deutsche Bank are members in gold fixing at the London Bullion Market Association.